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Taking Care of Bitcoin
TCBcoin@nostr.theorangepillapp.com
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Taking Care of Bitcoin Podcast
The government shouldn't control the size of the money supply. The money supply should control the size of the government. πŸ‡ΊπŸ‡Έ
We've kicked the debt crisis up the stack from the banking level to the sovereign level. "Too big to fail" has become "Too big to bailout." Prepare yourself for the reset.
The incentives are undeniable. The choice is simple. Individuals Corporations Financial managers Pension funds Endowments Sovereign wealth funds Central banks Nation states Join, or die image
Isn't it ironic... Just when we're at the precipice of issuing unprecedented amounts of government debt, a superior risk-off asset is born. Bonds are dead. They just don't know it yet. Bitcoin is the savior. They just don't know it...yet.
Occupy Wall Street Tea Party These were the same movement. One side blamed big banks. One side blamed big government. Both were correct. This system is a collaborative kleptocracy between Wall Street and the Government, facilitated by the Federal Reserve.
The Triffin dilemma A country's status as a reserve currency leads to a perpetual trade deficit. America has hollowed out our industrial base. We export nothing but inflation to provide the world with dollars. Tariffs are an attempt to treat the symptom, not the cause.
Bitcoin vs Real Estate... Real Estate: Requires large down payment Closing costs Management Upkeep Property taxes Illiquid Immobile Bitcoin: All the store of value proposition, none of the friction No barriers to entry No management or upkeep No property tax Liquid Mobile
Once you see Bitcoin, you can't unsee Bitcoin. And more people are seeing Bitcoin every day.
The combined net worth of the 10 wealthiest Americans (Musk, Ellison, Zuckerberg, Bezos, etc.) is about $2.2 trillion. If we liquidated them and spread their wealth evenly amongst all Americans, each person would get about $6500. We aren't taxing our way out of this mess.
Bitcoin takes us out of the fiat quicksand and puts us on a mountain trail. Every step, every hour of human productivity, takes us higher. We cannot yet grasp the capital accumulation sound money will unlock for humanity.
The U.S. government needs to borrow just to keep the lights on. Any "yield" you make on a U.S. Treasury just comes at the expense of debasing your fellow man. There are more moral ways to invest your money. Opt out of the ponzi.
In the American Revolution, decentralized militias defeated a centralized army. In the second American Revolution, decentralized money will defeat a central bank. Life Liberty Bitcoin πŸ‡ΊπŸ‡Έ
Bitcoin is a fixed supply asset. Government spending in virtually every nation is becoming increasingly reckless. Demand for Bitcoin will continue to grow because the need for Bitcoin is increasingly obvious. Fixed supply. Increasing demand. The math will math.
Politics run on a 4 year election cycle. Corporations run on a quarterly earnings cycle. No wonder we've mortgaged our future to fund the present. We need to change the incentive structure. We need to think long term. We need Bitcoin.
Congress shall make no law abridging the freedom of speech. Code is speech. Bitcoin is code. πŸ‡ΊπŸ‡Έ
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